Fearrington Village, NC
Full City Profile · North Carolina · Chatham County County
Fearrington Village, NC
At a Glance
How Fearrington Village Compares to the U.S. Average
Each bar shows Fearrington Village's value as a percentage of the national average (100% = U.S. avg)
Is Fearrington Village a Good Place to Live?
Economy & Jobs
Fearrington Village residents earn a median household income of $101,384 , which is 35% above the national average of $75,149. Per capita income is $76,907. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). 2.5% of residents live below the poverty line. The area is home to 2,182 business establishments, including 119 restaurants.
Housing & Cost of Living
The median home value in Fearrington Village is $439,900 , 56% above the national median of $281,900. Zillow estimates the typical home at $541,258. Median rent is $3,501/month, with 47.6% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 1994.
Education
77.9% of adults in Fearrington Village hold a bachelor's degree or higher (131% above the national average). 97.8% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Fearrington Village has an average annual temperature of 61°F (16°C). Winters average 42°F in January while summers reach 80°F in July. Annual precipitation totals 43.6 inches.